We are assisting Verne Global Ltd, the leading provider of sustainably powered HPC data centers in the Nordics, in developing a data center in Mäntsälä, Finland.

We advised Verne in acquiring the real estate company managing the Mäntsälä site, as well as in the subsequent acquisition of the site itself. Our assistance extends beyond real estate transactions to include permitting and tax-related matters. Additionally, we advise Verne on grid connection and electricity supply matters.

The acquisition of the project site in Mäntsälä marks Verne’s fourth data center in Finland, reinforcing its position as a leader in sustainable and scalable data center solutions. The Mäntsälä campus, spanning 10 hectares and located just a 40-minute drive from Helsinki-Vantaa International Airport, will initially offer a capacity of 70 MW. The facility is designed to support data-intensive enterprises and AI innovators running HPC, machine learning, and other high-intensity workloads, all while operating exclusively on renewable energy.

Verne’s new facility will adhere to the company’s best practice design principles, focusing on maximizing efficiency and minimizing environmental impact. The campus will be powered entirely by renewable energy sources, and waste heat generated by the data center will be utilized for local community heating projects. The company is working closely with the Mäntsälä Municipality to ensure the new facility benefits the local area, including plans to harness waste heat for district heating.

Construction of Verne’s Mäntsälä data center is set to begin in mid-2025 and is expected to take two years to complete. This expansion is a strategic move in Verne’s long-term plan to build out its sustainably powered data center platform, which was acquired by Ardian, a world-leading private investment house, in early 2024. Ardian has already invested over EUR 1.6 billion in the Nordics, focusing on energy transition and digital infrastructure projects, and is working with Verne to drive sustainable growth across the region. 

Read Verne Global’s press release.

Latest references

We assisted Citycon Oyj in the sale of the Lippulaiva residential assets in Espoo, Finland. The sold residential assets consist of 275 apartments totaling approximately 13,000 sqm, located in connection to Citycon’s Lippulaiva shopping centre. The assets were sold at their latest IFRS book value for a gross purchase price of EUR 61.5 million.
Case published 19.12.2025
We are assisting eQ Community Properties Fund in the sale of seven social infrastructure properties to Kinland AS. The value of the transaction is approximately EUR 29 million, and the portfolio comprises three preschool facilities and four child protection units from different parts of Finland. The portfolio consists of modern and energy-efficient properties that are long-term leased to leading operators in the industry. The Weighted Average Unexpired Lease Term (WAULT) is approximately 11 years. The transaction is expected to close on 17 December 2025.
Case published 10.12.2025
We are assisting the Municipality of Tuusula in the sale of land to funds managed by Blackstone, a global asset management company, for a data centre project. Currently, a preliminary agreement has been signed for the sale of the approximately 16.7 hectare site in Jokela, Tuusula. In October 2025, the Municipal Council of Tuusula approved zoning amendments that enable the construction of a data centre campus in the Vallunlenkki zoning area. The preliminary agreement on the sale of the land and the approval of the zoning are the first steps in a process that would upon its implementation constitute a significant investment that supports employment and economic growth in Tuusula and its surroundings. The next phase, the environmental impact assessment, is planned to commence in early 2026. Blackstone owns QTS, one of the worlds’s fastest growing data centre platforms with more than 82 data centres in operation or under development across Europe and the United States.
Case published 4.12.2025
We are assisting OP-Public Services Real Estate Fund in the sale of seven preschool properties to Kinland AS. The transaction value is approximately EUR 24 million, and the majority of the properties are located in the Greater Helsinki area. The portfolio comprises high-quality assets with EPC ratings of A or B, with most properties achieving the highest rating of A. The properties are leased to one of the sector’s leading private operators under lease agreements with a weighted average unexpired lease term of approximately 10 years. The transaction is expected to close on 18 December 2025.
Case published 2.12.2025